Financial Services Sector BBBEE Codes workshops

The Financial Services Charter (FSC) has been approved to be gazetted as a Financial Services Sector Broad Based BEE Code.

According to Dr Robin Woolley, Executive Director of Transcend Corporate Advisors, “After years of not achieving consensus on what the Financial Services Charter should look like, it is significant that the FSC, at this point in time, has been able to converge.”

“There is now clarity on the way forward for FSC companies, which is welcome at a time of legislating flux in Black Economic Empowerment,” he said.

Transcend Corporate Advisors is running workshops to help businesses understand the impact of these changes on the BBBEE scorecard. The public sessions on the gazetted BBBEE FSC code will be held January 2013, with 16 and 23 January 2013 provisionally booked for the full day workshops in Johannesburg. Cape Town and Durban workshops will follow thereafter.

The corporate advisory firm is also available immediately to assist in-house. Please contact brian@transcend.co.za to indicate your interest in attending the workshop or register at http://www.transcend.co.za/workshops/financial_services_sector_bbbee_codes_session.html.

About Angela Graham

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